With a capital gain of 8.91% for the last 12 months, Alfords Point, 2234 has performed for property investments than its average annual 6.77% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Alfords Point has given property investors a paper return of -0.90%. This puts Suburb as 1037 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Alfords Point should be aiming for at least -3.04% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Alfords Point the average time real estate has been on the market is 74.93 days.
A $830 per week rent on the median house gives suburb investors a gross yield of circa 3.66%, without taking into account capital value appreciation, which has been averaging out at 6.77%.